On January 2, Year 1, Lindsay Corporation issued $800,000 of 8% convertible bonds at par....
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On January Year Lindsay Corporation issued $ of convertible bonds at par. The bonds mature in years and pay interest semiannually on June and December Each $ bond could be converted into shares of the companys $ par value common stock. Alternatively, Lindsay has the right to settle the bonds in cash instead of issuing common stock. Similar bonds without the conversion feature would carry a stated interest rate.
On January Year Lindsay Corporation issued $ of convertible bonds at par. The bonds mature in years and pay interest semiannually on June and December Each $ bond could be converted into shares of the companys $ par value common stock. Alternatively, Lindsay has the right to settle the bonds in cash instead of issuing common stock. Similar bonds without the conversion feature would carry a stated interest rate.
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